# PPP loan: HOSPITAL LAUNDRY SERVICE INC
> **$170K** approved 04/09/2020 · Paid in Full · Loan `9623707000`
## Borrower
- **Name:** HOSPITAL LAUNDRY SERVICE INC
- **Address:** 405 EAST BENSON AVE, WILLMAR, MN, 56201-3622
- **NAICS:** 812320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $6K
- **Jobs reported:** 32
## Lender
- **Originating:** Lake Region Bank
- **Servicing:** Lake Region Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*